Category: News

From 15 to 19 May 2013, two partners of bizconsult law firm, Viet Nguyen and Phong Le, visited Tokyo to meet with lawyers around the world who are members of Mackrell International, one of the principal international networks of legal firms around the world. This is an annual activities of the organization. Mackrell International includes Continue reading “bizconsult’s partners met with lawyers worldwide”

Aggregate retail sales in 2012 increased 16% in comparison with 2011; domestic and foreign investors increasingly invested and expanded supermarket chains.

Pessimistic predictions about the world economy in general and Vietnam economy in particular for the year 2013 have no impact on the expansion of retail chains by domestic and foreign investors.

Visible potentials

According Continue reading “Retail market remains attractive to investors in 2013”

This Law has some new points compared to the previous Law. Specifically:

1. The lawyer-training duration is increased to 12 months (instead of 6 months previously)
   The law practice probation term shall be shortened to 12 months (instead of 18 months).
2. Forms of law practice by lawyers:
   • Practicing law in a law-practicing organization under a labor Continue reading “The revised Law on Lawyers (20/2012/QH13)”

The Government issues Decree No. 94/2012/ND-CP, dated 11 December, 2012 on liquor production and trading.

Subjects of application:

• This Decree applies to organizations and individuals involved in liquor production, trading, and other activities relating to liquor production and trading inside Vietnamese territory.
• Foreign traders and enterprises with foreign invested capital in Vietnam shall comply with Continue reading “Decree of the Government on liquor production and trading”

The Government issued Decree No. 87/2012/ND-CP dated 23 October 2012 detailing a number of articles of the Customs Law regarding e-customs procedures for export and import trading goods .

Electronic customs documents include: e-customs declaration and other documents specified in Clause 1, Article 22 of the Customs Law which declarant is obliged to submit or Continue reading “E-customs procedures for import-export trading goods”

To overcome the inappropriate points of previous regulations, the Government of Vietnam issued the Decree No. 88/2012/ND-CP (herein after referred as “Decree 88”) promulgating regulations on information and press activities of the foreign press and foreign agencies and organizations in Vietnam on 23 October 2012. The Decree 88 takes effect as from 20 December 2012 Continue reading “Loosened regulations on management of information and press activities of the foreign press in Vietnam”

Circular No. 28/2012/TT-NHNN dated October 10, 2012 of the State Bank promulgates regulations on bank guaranty applicable to credit institutions and branches of foreign banks.

In respect of scope of guaranty, Circular specifies the following obligations that can be guaranted in whole or in part:

• Payment of principal, interest and other expenses relating to loans; Continue reading “Regulation on bank guaranty”

Two following Lists issued in conjunction with this Circular:

• List of minerals permitted to be exported for use of construction materials (including: sand, stone, dolomite, cilic, kaolin) in which criteria and specification of each category is specified in the List.
• List of minerals to be used as construction materials prohibited from export.

Compared with Circular Continue reading “Circular No. 04/2010/TT-BXD of the Ministry of Construction dated 20 September 2012 providing guideline on export of minerals used as construction materials”

The Government issued Decree No. 64/2012/ND-CP dated 04 September 2012 on the construction permits.

Accordingly, the construction permit includes three types: new construction; renew and renovation; relocation works. Buildings and individual houses shall be obtained construction permit if they meet the following conditions: In accordance with the construction plan, the purpose of land use, investment Continue reading “New provisions on construction permits”